In a provocative opening essay, Laws argued that the Liberal Democrats had neglected their party's pro-market
economic liberal tradition, and had instead lapsed into a policy mindset little better than «soggy socialism»; they had placed too much faith in the power of the state to improve people's lives, and too little faith in the power of choice and competition.
Not exact matches
In contrast both to classical market economics and to Marxism, modern economics within the
tradition of
liberal learning recognizes the two freedoms that are proper to
economic inquiry.
Although he plainly lacks the manic energy of a Thatcher or Blair, he nevertheless personifies the insurgency within the
Liberal Democrats which has ruthlessly and decisively supplanted the party's social democratic
tradition with the
economic neo-liberalism of the Orange Bookers.
Chattel slavery, child labor,
economic inequality, racism, sexism and discriminations of all types abounded until the
liberal tradition of fairness, justice, care and equality brought about a free and fair society.